Basic things to know about roulette wheel odds

If you’re about starting your online gambling adventure, it is important to familiarize yourself with some basic terms. Like payouts, winning chances and so on. Knowledge of these things can come in handy especially when playing spin roulette. This is a game where each bet played carries specific mathematical probability of winning. Each roulette wheel odds played are affected by the specific type you are playing. Canadian online roulette game . It is no news anymore that European roulette has better odds when compared to American and French versions. Aside that, european games that has rules like “en prison” and “la partage” carries a lower house edge that one without them. Understanding roulette wheels and probability is very important. This article explains other aspects you should know.

Roulette odds probability and payouts

There are two main groups of bets in roulette. There are: Outside and Inside bet. The names of these groups are derived from the bet positions on the table layout. Inside bets have less probability of winning when compared to outside. But like we all know, the lower the probability of winning, the higher the payout. Play roulette for money or free . So if you intend betting on Outside bets, then you might not win much cash.

Outside Bets: Odds and payouts

In case you prefer the outside roulette bet since the chances of winning is high, then it is crucial to know about the roulette wheel odds and payouts.

Roulette wheel odds

Red or Black: There are a total of 36 balls. 18 balls with black backgrounds, 18 with red backgrounds. All the bets are either black or red, odd or even. 1-18 or 19-36. These bets have a 50% chance of success.The payout is 1:1 because of the high probability.  

Column and Dozen: Column and dozen consist of 12 numbers on the table. You can bet on the first, second or third dozen of numbers (1-12, 13-24, 25-36). The winning chances is 31.58% in American roulette, and 32.43% in European version. Generally, the payout for Column and Dozen is 2:1.

Inside Bets: Odds and payouts

Inside bet consist of betting on a single number, or on a group of numbers. The following are payout values;

Straight: This is when a player wagers on two numbers out of the 37 available. However, the rule is that the number you bet on must be neighbors on the table. Maximum Payout is 35: 1

Split: This simply means betting on two different numbers out of the 37 available. The chances of winning is 5.26% for American versions and 5.41 for European. Payout is 17:1.